S. 1st St.

Las Vegas, NV


Exchange Club

1931 to 1935





Exchange Gaming Club   120 S. 1st St.

1934 to 1935(?)

The Exchange Club was an enterprise of A. T. McCarter (et al) and licensed from April 1, 1931 through 1933.
Then again licensed to A. T. McCarter (et al) from May 17, 1933 through 1934.
It then became the Exchange Gaming Club licensed from Aug 18, 1934 through 1935 (?)
It was licensed for slots, 21, poker, craps and roulette.
Exchnage Club Las vegas 1931
Although the Exchange Club was "licensed" in 1931 when gambling was made legal in Nevada you can see by the article to the left that it was in business as early as 1927.
Although the Exchange Club was "licensed" in 1931 when gambling was made legal in Nevada you can see by the article to the left that it was in business as early as 1927 with poker being played with "yellow chips"
1931 Las Vegas resolution to limit new gambling licenses.
The reference to A T McCarter in the article to the left was for the Exchange Club.
A few weeks after the articicle above appeared limiting gambling
to existing establishments for the time being... a lawsuit was filed.
This is a transcription of an article that was in too poor a condition to be readable.
Nevada State Journal
May 28, 1931 
A suit seeking to force the city of Las Vegas to issue a gambling license was heard today in the state Supreme Court.
The  action was filed by Roy Grimes, D J McCauley, and R H Davenport, who seek to conduct a dice game in the Pavilion building at Lorenzi's Resort in Las Vgeas.
The three men declare the city officials of Las Vegas, by refusing them a permit, is guilty of discrimination under the state law.
Their application for the gambling license was filed with the city clerk April 7, (1931) and they assert that their application was in due form and that they possess the necessary qualifications prescribed by the laws of the state of Nevada and by the ordinances of the city for applicants for gaming licenses
The Las Vegas officials, in attempting to regulate gambling, March 30 (1931) passed an emergency ordinance with which became effective April 3. (1931) {Note: Gambling was legalized in Nevada on March 19, 1931}
Two days later and prior to the filing of petitioner's license, the city granted gambling licenses to the Boulder Club, Las Vegas Club, A. T. McCarter of the Exchange Club, and Stocker and Morgan at the Northern Club, and then adopted a resolution that no license would be granted in Las Vegas except of those places of business that had had gambling licenses during the previous quarter and that no further or new licenses would be considered until a zone Was established by them for the operation of gambling houses and the policy adopted by the board governing the issuances of new licenses.
April 17, (1931) the board rejected the application of Grimes, McCauley, and Davenport who thereupon applied to the Supreme Court for relief from what they class “unfair and unjust discrimination”.
The petitioners were represented before the Supreme Court by Charles Lee Horsey, while the action of the board of city commissioners of Las Vegas was upheld by F. A. Stephens, city attorney.
Negro Club Licensed
Several days later the board adopted a resolution fixing the policy of the board as contrary to the granting of further gambling licenses for the quarter save to those licensed during the previous three months but providing that members of the Ethiopian race might be granted licenses for the conduct of the game or games in a place catering exclusively to persons of the same race.
In the article below dated July 8, 1931 the applicants lost their battle for licensing at the Supreme Court of Nevada.
Roy Grimes loses his appeal for a gambling license in 1931
Exchange Bar matchcover- Las Vegas
This matchcover is from the
Exchange "Bar" at the same location as the Exchange Club and with the same phone number as it had in the 1939 phone directory.
Note the name of the proprietor of the bar,
Peter Pansey. 
In a newspaper article dated June 14,1943, a Peter Pansey was placed on probation and his wife Clara A. Pansey, was fined one thousand dollars at a federal court hearing held in Reno.
The Panseys were charged with defacing brands on labels affixed to twenty-seven cases of distilled spirits which were bottled in bond at a United States internal revenue bottling warehouse.Their attorney was Julian Thruston of Las Vegas.
The Panseys were previously sentenced in the Clark county district court on charges growing out of the same offense.
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This is a non-commercial, educational, hobby site. Images on this site are from our personal collection and from personal collections of fellow enthusiasts who have shared their scans with us.  Other images are noted by source with links to the original.  If you feel that any image used here has infringed upon fair use of an image you hold the copyright to, please contact us at the links above and it will be credited or removed at your request. 
Sources you might want to visit for more information include: 
Newspaper Archive    Newspapers.com   UNLV Digital Collection    UNLV Reno   Las Vegas Sun     mypubliclibrary.com   
TCR numbers are used by express permission of SSS Publishing publishers of The Chip Rack.
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